Stocks · Industrials · Air Courier Services

FedEx Freight

FDXF Clue Score29
United States Fiscal year ends May CIK 0002082247
$115.47 -0.16% Close, 9 Oct 2026
Price $115.47 −25.14% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 27 May 2026. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2024Revenue9,424.0Operating income1,753.0Net income1,574.0EPS, diluted10.53Fiscal year 2025Revenue8,892.0 −5.6%Operating income1,404.0Net income1,346.0 −14.5%EPS, diluted9.00 −14.5%Fiscal year 2026Revenue8,795.0 −1.1%Operating income540.0Net income655.0 −51.3%EPS, diluted4.38 −51.3%
FY2024FY2025FY2026
Revenue 9,424.0 8,892.0 8,795.0
Growth −5.6% −1.1%
Operating income 1,753.0 1,404.0 540.0
Net income 1,574.0 1,346.0 655.0
Growth −14.5% −51.3%
EPS, diluted 10.53 9.00 4.38
Growth −14.5% −51.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2024Operating margin18.6%Net margin16.7%Free cash flow margin11.5%Fiscal year 2025Operating margin15.8%Net margin15.1%Free cash flow margin12.3%Fiscal year 2026Operating margin6.1%Net margin7.4%Free cash flow margin−2.4%
FY2024FY2025FY2026
Operating margin 18.6% 15.8% 6.1%
Net margin 16.7% 15.1% 7.4%
Free cash flow margin 11.5% 12.3% −2.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2024Operating cash flow1,541.0Capital expenditure−461.0Free cash flow1,080.0Dividends paid0.0Fiscal year 2025Operating cash flow1,531.0Capital expenditure−437.0Free cash flow1,094.0 +1.3%Dividends paid0.0Fiscal year 2026Operating cash flow167.0Capital expenditure−379.0Free cash flow−212.0 −119.4%Dividends paid−48.0
FY2024FY2025FY2026
Operating cash flow 1,541.0 1,531.0 167.0
Capital expenditure −461.0 −437.0 −379.0
Free cash flow 1,080.0 1,094.0 −212.0
Growth +1.3% −119.4%
Dividends paid 0.0 0.0 −48.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Total debt
Fiscal year 2024Shareholders’ equity2,124.0Fiscal year 2025Shareholders’ equity2,393.0Fiscal year 2026Total debt4,264.0Shareholders’ equity−497.0
FY2024FY2025FY2026
Total debt n/a n/a 4,264.0
Shareholders’ equity 2,124.0 2,393.0 −497.0

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending May, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2024 31 May 2024 FY2025 31 May 2025 FY2026 31 May 2026
Revenue and profit
9,424.0 8,892.0 8,795.0
Growth −5.6% −1.1%
1,753.0 1,404.0 540.0
Growth −19.9% −61.5%
2,079.0 1,802.0 884.0
505.0 456.0 229.0
1,574.0 1,346.0 655.0
Growth −14.5% −51.3%
Per share
10.53 9.00 4.38
10.53 9.00 4.38
Growth −14.5% −51.3%
149.5 149.5 149.5
149.5 149.5 149.5
Growth +0.0% +0.0%

Five years in brief

Worked out from the figures above, not from a press release
  • Profitable in every one of the 3 years on file.